“This was an attractive acquisition opportunity due to the fact that we were able to buy all 49 CVS stores in one transaction.”

House committees ready two assaults on DOL fiduciary rule this week One is a vote on a bill to kill Labor's rule and replace it with a disclosure-based best-interest standard, while another will take up legislation to prevent funding for enforcement of the regulation July 17, 2017 | by Mark Schoeff Jr. | InvestmentNews Two House panels…

Market slowdown: What to look for in a 1031 exchange later in the real estate cycle July 18, 2017 | by Michael Packman | nyrej.com While prices have remained high, we are definitely seeing signs of slowing in the market overall. As there always are, the first signs of topping process may already be showing. In…

FSI TESTIFIES AT HOUSE FINANCIAL SERVICES SUBCOMMITTEE HEARING ON DOL FIDUCIARY RULE July 18, 2017 | Financial Securities Institute  WASHINGTON, D.C. – Today, David Knoch, President of 1st Global, testified on behalf of the Financial Services Institute (FSI) before the House Financial Services Subcommittee on Capital Markets, Securities and Investment. Mr. Knoch is a member of…

[Ramin Kamfar] pointed out that millennials are forming households at a rate of about 2 million a year.

Washington is America's Top State for Business in 2017 July 11, 2017 | by Scott Cohn | CNBC With the nation's fastest-growing economy and an all-star business roster of household names and up-and-comers, Washington — the Evergreen State — soars above the competition as America's Top State for Business in 2017. The home of Amazon and Costco, Boeing and Expedia, as well as rising stars…

Apartment Occupancy Rate Nears Record High July 6, 2017 | DAILY REAL ESTATE NEWS  The number of apartment dwellers nationwide is nearing a record, as 95 percent of units are now occupied, according to rental data from RealPage, a real estate analytics firm. “Solid job formation, continued limited loss of renters to home purchase, and…

Fannie Sees GDP Growth Slowing In 2nd Half The GSE's chief economist notes that consumer spending, traditionally the largest contributor to economic growth, is "sluggish and is lagging positive consumer sentiment and solid hiring.” July 17, 2017 | by PAUL BUBNY  | GlobeSt.com WASHINGTON, DC—Notwithstanding a resurgence of growth in the second quarter, the full-year expectation…

US Industrial Availability Drops to Notable Low Warehouses and distribution centers saw the rate decline to 7.8 percent in the second quarter, a low not seen in years, a new CBRE report unveils. July 14, 2017 | by Barbra Murray | Commercial Property Executive It may have been only a slight decrease, but it was one nonetheless—and…